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    Published on Monday, December 21, 2015 | Updated on Sunday, July 15, 2018

    Chile | An optimistic central bank baseline scenario for 2016

    Summary

    Central bank adjusted its forecast for economic growth in 2016 from 2.5%-3.5% to 2.0%-3.0% with downward bias (BBVAe: 2% with downward bias). Also confirms at most two additional 25bp hikes in the MPR during next year (reaching to 4.0%). In our view, would be a prolonged period with the rate at 3.5% before the first hike.

    Geographies

    Authors

    Aníbal Antonio Alarcón
    Cristóbal Gamboni
    Hermann Esteban González
    Jorge Selaive
    Fernando Soto

    Documents and files

    Report (PDF)

    BCChWatch_IPoM_Diciembre_2015

    Spanish - December 21, 2015

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